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Sr. Executive - Purchase
Job description
The Sr. Purchase Engineer/Executive is responsible for sourcing, evaluating, and procuring technical equipment, raw materials, custom-fabricated parts, and engineering services. This role conducts technical-commercial bid evaluations, manages specialized vendor bases, and leads cost-engineering initiatives to ensure project specifications, quality standards, and budget targets are strictly met.
Years of Experience: 2 to 5 Years Qualification: Bachelor’s degree in Engineering or equivalent Technical Diploma. A Master’s degree or MBA in Supply Chain Management is advantageous.
Responsibilities
Technical Sourcing & Vendor Selection Interpret technical datasheets, Material specifications to identify correct procurement requirements. Identify, audit, and onboard qualified technical vendors and specialized fabricators capable of meeting strict Industrial tolerances and quality standards. Conduct Techno-Commercial Comparisons (TCC) to evaluate supplier bids based on technical capability, compliance with specifications, cost, and delivery timelines.
Negotiation & Contract Management Negotiate pricing, payment milestones, technical guarantees, warranties, and delivery schedules for engineering equipment and raw materials. Draft and finalize purchase orders (POs) and technical purchase specifications (TPS) ensuring clear contractual terms, liquidated damages (LD) clauses, and quality acceptance criteria.
Procurement Project Management & Expediting Expedite manufacturing and delivery timelines for critical components through regular factory visits, progress checks, and vendor milestones. Coordinate pre-dispatch inspections (PDI) with internal Quality Assurance or third-party inspection agencies (TPIA). Resolve queries (RFIs) between suppliers and internal teams.
Cost Optimization & Market Analysis Analyze trends in raw material markets to time purchases and mitigate price volatility risks. Develop alternative sourcing options (localization, import substitution, dual-sourcing) for critical single-source components. Skills Required: Strong technical-commercial negotiation capability.
Analytical approach to cost breakdowns and Should-Cost modeling. Effective cross-functional communication between Departments and business units. Technical Skills Proficiency in Understanding Material Technical Specification, Standard. Hands-on experience with ERP systems Understanding of manufacturing processes . Knowledge of global quality standards.
Description copied from PCB Power's careers page. Read the full posting before you apply.
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